Apollo Micro Solution Stock Surges After Ammo Permit Granted
Hyderabad: Apollo Micro Equipment (AMS) saw a considerable surge, climbing up 16 % intraday on Friday, following the procurement of a federal government certificate to manufacture ammo. The small-cap protection supply revealed the authorization in an exchange filing.
- Certificate Company: Ministry of Commerce and Market (DPIIT)
- Range: Manufacture, assemble, integrate, and proof-test ammunition and strategic tool systems.
- Validity: Life time
- Date of Issue: April 10, 2026
The license settings AMS to reinforce its contribution to India’s support field. More information are anticipated as the business describes its calculated plans for ammo manufacturing.